MUMBAI, India—Indian carbon black supplier Birla Carbon and Massachusetts-based Chasm Advanced Materials Inc. have extended their partnership with the goal of scaling up Chasm's nanomaterials technology.
The partners upgraded an existing joint development agreement to a "strategic partnership" to commercialize Chasm's technology for hybrid nanomaterials, which could be used in various market segments including high-performance tires, conductive plastics and novel coatings.
The nanomaterials are based on carbon substrates and carbon nanotubes and employ Chasm's nanotube enhanced carbon (NTeC) technology.
"We're excited to continue building on our already strong partnership, driving NTeC's next phase of commercialization and broad market adoption," Chasm CEO and co-founder David Arthur said in a Sept. 29 statement.
The two parties launched joint research and engineering cooperation in November last year to advance NTeC technology from lab-scale feasibility to a repeatable and scalable pilot.
"Birla Carbon's investment will drive the commercialisation of NTeC nanomaterials, strengthening our ties with Chasm and securing the future of this game-changing technology," Birla Carbon CEO Dr. Santrupt B. Misra said.